IMF Makes Significant Progress in Ukraine Bailout Talks

Ukraine Officials Seeking a $15 Billion Emergency Loan from the IMF

WASHINGTON—The International Monetary Fund Thursday said officials have made significant progress in bailout talks with the Ukrainian government, but need a few more days to wrap up negotiations.

Nikolay Gueorguiev, IMF's lead negotiator in Ukraine, said cooperation with Ukrainian authorities has been "excellent." The fund had planned to complete negotiations by Friday, but now plans to conclude its work in Kiev next Tuesday.